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House Minority Leader Kevin McCarthy Calls On Policymakers To Learn More About Bitcoin
Summary: In CNBC's "Squawk Box" broadcast on Tuesday, the host Joe Kernen asked Kevin McCarthy, Republican of the House of Representatives and Minority Leader, about whether the Secretary of Treasury and the Chairman of the Fed should read "The Bitcoin Standard". "The Bitcoin Standard" is a bestseller written by economist Saifedean Ammous. McCarthy warned that if no action ...
In CNBC's "Squawk Box" broadcast on Tuesday, the host Joe Kernen asked Kevin McCarthy, Republican of the House of Representatives and Minority Leader, about whether the Secretary of Treasury and the Chairman of the Fed should read "The Bitcoin Standard".
"The Bitcoin Standard" is a bestseller written by economist Saifedean Ammous.
McCarthy warned that if no action is taken, the United States may eventually lag behind China, calling on policymakers to understand Bitcoin in-depth. He said:
"This is moving toward the future. They should not ignore it...This is something that those who regulate, those who are in government (they make policy) better start understanding what it means for the future because other countries are moving forward, especially China."
By Mary Liu
Tags: Bitcoin,Fed,Kevin McCarthy,Secretary of Treasury
Link: House Minority Leader Kevin McCarthy Calls On Policymakers To Learn More About Bitcoin [Copy]
